Online casino payment methods

In order to gamble online, first you have to have the funds available online to wager with. It is standard practice for online casinos to offer their customers a variety of online casino payment methods with which to deposit funds and withdraw winnings.

Each of these methods comes with its own strengths and weaknesses. On the one hand, this ensures that there’s a suitable payment method for each customer. However, knowing which one is best suited to you can be tricky. To help you, our comprehensive payment method guides offer all the key information about each method.

Credit/debit cards

The most common payment method. However, some credit cards won’t process withdrawal requests.

How we write our guides

Because your choice of payment method is an important one, you’ll want to be reassured that it can deliver everything you need of it.

To help you in the process:

Each of the payment methods featured here has been selected on the basis that it’s a popular payment method.

Each payment method can be used at online casinos, even if they’re only available at a limited number of them, or only in certain countries.

Each payment method has been thoroughly tested using 32 Red Casino, a leading online casino. However, most are supported by other casinos too, such as Unibet Casino.

Understanding the payment method jargon

If you’re new to online payments, then there are many terms and words that you may be unfamiliar with. To help you make sense of them, you’ll find below explanations of the most important phrases and words:

Bank transfer: Bank transfers send money from one bank account to another. These can be used both to deposit and withdraw funds.

Credit cards: Credit cards enable the card holder to make purchases (including online casino deposits) and pay for them later, usually with at pre-arranged rates of interest.

Debit cards: These are similar to credit cards, but are linked directly to your bank account. This means that as soon as a payment has been authorized, it is debited straight from your bank account.

E-wallets: An e-wallet is an online account that functions in the same way as a real wallet or purse does. Like a real wallet, you can put money into it, and use that money to make online payments. These may include purchases, online casino deposits, or even sending money to someone.

The process also works in reverse. Nearly all e-wallets can be used to withdraw winnings from your casino account to your e-wallet. Once in your e-wallet, you can then usually transfer those funds to your bank account, or in some cases withdraw them as cash using a prepaid credit card.

Many players prefer e-wallets because they can perform online casino deposits and withdrawals without communicating their credit card or bank account details.

Prepaid credit cards: Some e-wallet providers and Ukash offer prepaid credit cards to give their customers other means of spending their funds. These function just like a normal credit card, but are usually only available in fixed-sum amounts (say, $20) or limit you to the money available in your e-wallet account.

They are available in two forms: physical cards, which can be used to make online and offline purchases, or withdraw funds as cash via ATMs; and virtual cards which can be used exclusively online.

Vouchers: These are vouchers that are largely purchases in physical shops that can be used to make payments online. For further information, please see for example the Ukash guide as Ukash offers a voucher system.